Employment Rate in Norway decreased to 67.90 percent in the fourth quarter of 2019 from 68.60 percent in the third quarter of 2019.

Employment Rate in Norway averaged 68.35 percent from 1988 until 2019, reaching an all time high of 71.80 percent in the second quarter of 2008 and a record low of 63 percent in the first quarter of 1993. This page provides - Norway Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Employment Rate - values, historical data and charts - was last updated on July of 2020. source: Statistics Norway

Employment Rate in Norway is expected to be 68.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Norway to stand at 67.58 in 12 months time. In the long-term, the Norway Employment Rate is projected to trend around 67.83 percent in 2021 and 68.01 percent in 2022, according to our econometric models.

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Norway Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
67.90 68.60 71.80 63.00 1988 - 2019 percent Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 3.60 5.10 2.40 percent [+]
Employed Persons 2715.00 2732.00 2747.00 1991.00 Thousand [+]
Unemployed Persons 75150.00 75670.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.20 70.50 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.80 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 10.40 10.00 15.70 6.80 percent [+]
Labour Costs 125.10 127.70 140.40 53.30 points [+]
Productivity 104.96 106.48 106.48 57.16 points [+]
Job Vacancies 63900.00 65800.00 84500.00 1395.00 [+]
Wage Growth 2.78 3.46 18.56 1.07 percent [+]
Wages in Manufacturing 111.00 107.50 152.20 78.90 points [+]
Population 5.33 5.30 5.33 3.57 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Part Time Employment 670.90 671.20 699.00 531.90 Thousand [+]
Full Time Employment 1942.50 1940.50 1960.60 1558.80 Thousand [+]
Employment Change 0.00 0.10 1.50 -0.90 percent [+]
Employment Rate 67.90 68.60 71.80 63.00 percent [+]
Wages 48730.00 46940.00 48730.00 20126.00 NOK/Month [+]


Norway Employment Rate
In Norway, the employment rate measures the number of people who have a job as a percentage of the working age population.